Capesize iron ore freight rates fell across most routes Thursday, as charterers took advantage of a relatively quiet trading day to press rates down in the Pacific. Fixture activity in the Pacific slowed Thursday after a flurry of ...
Tags: Iron Ore, Limited Fixtures
Gulf Coast propane prices continued to hold a premium over Midcontinent product Wednesday as the market stabilizes into its traditional price relationship. Propane at Mont Belvieu, Texas, was assessed at $1.555/gal on Wednesday while ...
Tags: Propane, Gulf Coast
Spot prices for delivered cargoes of North Sea propane have increased on renewed buying from the petrochemicals sector, according to industry sources. In the early part of this month the spot price of CIF North Sea propane was just above ...
Tags: Propane, Petrochemicals
US raw steel production edged up last week, as the industry's capability utilization rose to 77%, according to the American Iron and Steel Institute. The 77% capability utilization during the week ended Saturday, February 15, was up from ...
Tags: Steel Industry, raw steel
A Dartmouth-University of Connecticut study of the northeast United States shows that methylmercury concentrations in estuary waters—not in sediment as commonly thought—are the best way to predict mercury contamination in the ...
Tags: Electrical, Electronics, Chemicals
The steel stock in 29 major cities across the country hit a four-year low after the Spring Festival holidays, news portal yicai.com reported Wednesday, citing data from the Beijing Lange Steel Information Research Center. The total ...
Tags: Steel Stock, Chemicals
A combination of weak demand and expectations of lower import prices had weighed down on LPG spot prices in southern and eastern China over the week, domestic traders said Wednesday. Spot prices of imported LPG truck cargoes, including ...
Tags: LPG Prices, Import Prices
Geothermal energy is set to play a bigger role as the State-owned Sinopec Group makes inroads into the clean fuel's exploration and development through international technological exchanges designed to reduce the country's carbon footprint. ...
Tags: Energy Source, Geothermal energy
US ethylene contracts for January were heard fully settled up 2 cents from December, with the net transaction price at 50.25 cents/lb, market sources said Wednesday. The posted price also rose 2 cents from December to 54.75 cents/lb. ...
Tags: Ethylene, spot ethylene
China's drive to transform its economy, which includes reducing the role of energy-intensive industries and paring steel capacity, is driving up coal inventories at key ports as demand across a variety of sectors weakens. Inventories at ...
A new natural gas discovery in southeast Sichuan province - the single biggest ever - could ease domestic shortages in as little as a year and give China a stronger hand in energy negotiations with Russia, according to some experts. China ...
Tags: natural gas, domestic shortages
The National Development and Reform Commission (NDRC) said Wednesday that there will be no change in the prices of gasoline and diesel this time. The price regulatory attributed this to the pricing regime which did not meet the standard. ...
Russia's exports of synthetic rubber rose 8.3% year-on-year to 943,500 mt in 2013, according to the country's Federal Customs Service's (FCS) data released Friday. The FCS did not give details of export volumes for each month. But last ...
Tags: Rubber Exports, synthetic rubber
Despite a drop in coal exports off the Mississippi River in 2013, several New Orleans-area terminals say they are increasing capacity as they eye improved markets in the long-term. Foresight Energy's Convent Marine Terminal in Convent, ...
Tags: Coal Terminals, Coal Exports
US February propylene contract prices were heard to have fully settled 1 cent/lb ($22/mt) lower than for January, sources said Friday. The decrease put chemical-grade propylene at 72 cents/lb and polymer-grade propylene prices at 73.50 ...